Question
The financial health of an organization is crucial and needs to be monitored on a regular basis. As a consultant, Ive observed that some company
The financial health of an organization is crucial and needs to be monitored on a regular basis. As a consultant, Ive observed that some company leaders and managers fail to pay attention to the details. I once heard a manager mention that sweeping the corners is an important strategy. The point here is that dust accumulates in the corners, and eventually it will build to the point where the room is dirty. From an accounting and finance perspective, what type of dust can accumulate? What are the potential problems that lie hidden until the surface and become an issue for the managers? Please discuss.
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